Open Banking & Beyond Summit 2024: A Milestone in Financial Infrastructure Transformation

Date: March 8, 2024

On the 8th of March 2024, a significant event in the financial and digital sectors unfolded with the Open Banking & Beyond Summit. This summit, integral to the financial infrastructure transformation vision led by the Central Bank of the UAE, marked a pivotal moment in the advancement of open banking in the region.

Event Overview

Hosted by GSS Group, the summit gathered the who's who of the financial industry, including banking giants, FinTech leaders, and esteemed guests from various sectors. The day was packed with insightful discussions, keynote speeches, and networking opportunities, underlining the event's theme of innovation and transformation in open banking.

Keynote Speeches:
The summit was graced by an enlightening thematic keynote speech from Mr. Suhail Bin Tarraf, Group Chief Operating Officer of First Abu Dhabi Bank (FAB). His talk highlighted his clear vision for digital transformation and his support for the nation's financial infrastructure.

The welcome speech by Mr. Jamal Saleh, Director General of UAE Banks Federation, underscored the importance of open finance in the region's burgeoning financial sector.

Distinguished Guests:
The event was honored by the presence of H.E. Saeed Sultan Aldhaheri, board member of the Abu Dhabi Chamber of Commerce and Industry, and Mr. Abdulla Qassem, the Group Chief Operating Officer of Emirates NBD. Mr. Adeeb Ahamed, MD of LuLu Financial Holdings, also graced the occasion, bringing in his vast experience and leadership in the financial industry.

Panel Discussions:
The summit featured three engaging panel discussions, covering diverse topics like Open Banking opportunities, Banking as a Service (BaaS), Embedded Finance, Fintech Partnerships, Technology, and Customer Experience. These panels saw participation from world-class leaders who shared their invaluable experiences and insights.

Special Thanks:
Our CEO & Co-Founder, Mahmoud Abuebeid, expressed profound gratitude to our partners – UAE Banks Federation, Al Etihad Payments, First Abu Dhabi Bank (FAB), Emirates NBD, and our media partner MEA Finance Magazine, for their unwavering support. A special thank you to all national and international financial and non-financial institutions for their participation and contribution to the summit's success.

In conclusion, the 2024 Open Banking & Beyond Summit not only highlighted the current trends and opportunities in open banking but also set the stage for future collaborations and innovations in the financial sector. As we reflect on the success of this event, we look forward to continuing our journey in revolutionizing banking and finance.

GSS Group remains committed to fostering growth and innovation in the financial sector and is proud to have been at the forefront of such an impactful event.